Finance Data Strategy

Sumitomo Mitsui Banking Corporation•Charlotte, NC

1d•$181,000 - $230,000•Hybrid

About The Position

This position is a subject matter expert in the Regulatory Reporting Automation for Bank holding Company, Branch, Liquidity or Broker Dealer regulatory reports. This position will provide leadership to the team by setting the direction, defining the accountabilities and assignments, articulating goals and objectives, and monitoring and evaluating work. This position requires engagement with stakeholders across multiple business units, functional areas to ensure alignment on delivery of a target operating model.

Requirements

12+ years of work experience, including system implementation, Regulatory Reporting requirements gathering and design, Data sourcing design, and operational improvement projects.
7+ years of regulatory reporting experience at a financial services company or comparable experience working.
Under-graduate / Graduate degree in computer science, engineering, accounting, finance, or a related field
Excellent communication and senior management relationship management skills
Strategic thinking, strong analytical & problem-solving skills - excellent attention to detail
Team player with a strong sense of ownership and accountability
Experience in financial products like Derivatives, Loans, Securities Financing, Trading Assets, Deposits, cash, and other asset/liabilities, utilize the knowledge to drive the regulatory reporting data sourcing activities
Experience in understanding the FRB reports forms and instructions like FRY-9C, CCAR 14Q, 14M, 14A, FFIEC-002, FFIEC-009 and FRY-15, utilize the knowledge to build regulatory reporting data sourcing and rules specifications
Experience in AXIOM to utilize the knowledge to automate regulatory report filings to regulators like FRB/FFIEC/FINRA.
Ability to influence people outside the immediate span of control, negotiate and resolve conflicts, and work with business users, IT partners and vendors
Skilled in engaging with senior management and building and maintaining relationships with delivery partners across functions.
Knowledge of commercial investment banking organizational structures, regulatory frameworks, product offerings, financial operations and planning, human capital strategy.
Expert ability to create robust project management and governance structures to support delivery of complex transformation efforts.
Highly developed sense of initiative-taking, accountability, and follow-through with an ability to effectively prioritize multiple tasks and goals.
Excellent relationship management, collaboration and influencing skills.
Demonstrated experience with defining and implementing project/change management, governance, or reporting standards and procedures.

Nice To Haves

Knowledge of products like derivatives, Loans and securitization and their booking systems such as PRISM or Impact or Horizon is a plus

Responsibilities

Lead high priority remediation and transformation programs that cover, among other components, organizational design, process improvement, and technology implementation.
Manage end-to-end delivery against large scale transformation programs. Define program stakeholders, scope, timing, resource requirements and deliverables.
Engage with stakeholders across multiple business units, functional areas to ensure alignment on delivery of a target operating model
Deep knowledge of Regulatory Reporting for US and foreign financial companies (including but not limited to reports such as the FRB reports, knowledge of broker-dealer reporting, liquidity reporting, etc.)
Drive the manual adjustment/orphan analysis by working with multiple report owners, data stewards and source system owners
Understand the financial product lifecycle & F2B data lineage/data flow to remediate the data gaps using tactical and strategical approach
Drive Data Management activities with focus on data definitions, data sourcing strategies and data model preferred
Participate in Testing and Quality Assurance (including test planning, test execution and test management)
Monitor delivery throughout the life of the transformation effort and assess outcomes to ensure completeness and sustainability.
Promote coordination between program work-streams to ensure alignment and awareness of over-arching program objectives.
Partner with impacted product and process owners to inform program delivery and objectives.
Demonstrate a strong awareness of business stakeholder requirements and organizational context through delivery of complete, timely and sustainable transformation outcomes.
Conduct reviews to ensure projects are added to the project reporting system and continuously updated with relevant, accurate, and timely data suitable for a senior management audience.
Assist in developing project artefacts including project charters, business cases, governance materials, etc. to ensure effective governance and delivery of projects.
Develop and maintain strong working relationships with key business/governance/data governance and IT stakeholders to identify additional areas of risk and procuring their help in solving complex issues
Train, supervise and review all staffs work under your responsibility